ROME (AP) — Italy’s fashion house Armani said on Friday that it has appointed a new board whose role will be to guide the company at a time of transition following the death of its founder Giorgio Armani earlier this year.
The new board consists of eight members selected by the Armani Foundation and the designer’s heirs, including former Armani top executive John Hooks and former Gucci CEO Marco Bizzarri.
The other board members are Chairman Leo Dell’Orco; CEO and managing director Giuseppe Marsocci; Armani’s niece Silvana and his nephew Andrea Camerana; Yoox founder Federico Marchetti and businessman Angelo Moratti.
Following Armani’s death at 91 in September, the group appointed long-time manager Marsocci as the new CEO. Marsocci and the new board take the lead at a crucial time for the fashion empire, one of the most valuable and best-known companies in the country.
Armani instructed his heirs to sell an initial 15% minority stake in his vast fashion business within 18 months after his death, with preference given to the eyewear giant Essilor-Luxottica, the French conglomerate LVMH or the cosmetics company L’Oreal.
Dell’Orco said on Friday the composition of the new board “represents the best guarantee for the continuation, enhancement, and modernization of the idea of beauty, the business model, and the ethical values developed by Mr. Armani over 50 years of history.”
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
We're excited to announce our India Community Travel in Spring 2026! Join this virtual Zoom … Read moreTravel to India Information Session (Online)
“A dazzling delight for all ages” Read moreRodger's & Hammerstein's Cinderella
markolbert said:
Root beer gulag. Diet root beer gulag. Sasparilla prison. Oops that didn’t autocorrect.
Mark Simon said:
And thanks for all your efforts raising the profile of th e DJ.
Mark Simon said:
Thank you. Happy Thanksgiving.
Mark Simon said:
Thanks you so much. Happy Thanksgiving.
Mark Simon said:
Well, I wrote columns before sheriff. I’m sure I’ll find something. Thanks, Mr. Low.
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.